This Technology Could Send BlackBerry Ltd (BBRY) Stock Soari John Chen’s Software Move Is Great for BBRY Stock
Beleaguered underdog BlackBerry Ltd (NASDAQ:BBRY) has once again surprised the market. A new technology is taking off from its HQ that could turn out to be a game-changer for BBRY stock.
BlackBerry’s “QNX” OS (operating system) may have turned out to be a dud in the smartphone industry, but it has managed to create a new niche for itself. The QNX OS is turning out to be a game-changer for the company in markets where it was least expected to find traction. Neither Alphabet’s “Android” nor Apple’s “iOS” compete with QNX in this niche.
To make this possible, BlackBerry had to swallow a bitter pill. The company had to give up on its own OS for its hardware and switch over to the Android OS. Meanwhile, the company had to look for another lucrative market where its QNX OS could grow.
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